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pirex pirex
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6 years ago
Assume a country agrees to a free-trade act with another country. In the process, some individuals are displaced from their jobs, thus the free-trade act results in a negative externality.
A) False.
B) True.
C) Only if those who were displaced are not compensated with another job or income transfer.
D) Only if those who were displaced were compensated with another job or income transfer.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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